Category Archives:
UBS moves to merge parent banks
ZURICH (Reuters) -UBS has formally begun the integration of Credit Suisse's parent bank, the Swiss bank said, marking a key next step in what is the first merger of two global systemically important b...
Dec 07, 2023
China issues action plan to improve air quality
HONG KONG (Reuters) - China's state council on Thursday released its action plan to continue improve the country's air quality, as Beijing seeks to curb heavy pollution and solve prominent environment...
Dec 07, 2023
SoftBank seeks to offload shares worth $135 million in India’s Zomato – CNBC-TV18
BENGALURU (Reuters) - Japan's SoftBank is seeking to sell a 1.1% stake in the Indian food delivery platform Zomato through a block deal worth 11.28 billion rupees ($135.36 million), CNBC-TV18 reported...
Dec 07, 2023
Tsunami threat lifted after earthquake strikes Vanuatu region
(Reuters) -A tsunami warning for the coasts of Vanuatu and New Caledonia has passed, the U.S. Tsunami Warning System said, after an earthquake of magnitude 7.2 struck the Vanuatu region on Friday. It ...
Dec 07, 2023
Motor racing-Formula One, FIA and Extreme H set up hydrogen working group
By Alan Baldwin LONDON (Reuters) - Formula One, governing FIA and a rebranded Extreme H series announced on Thursday they were setting up a joint hydrogen working group to evaluate the technology's fu...
Dec 07, 2023
Poland approves construction of SMR nuclear units at six sites
WARSAW (Reuters) - Poland has given the green light for the construction of 24 new small modular reactor (SMR) units across six sites, executives of the company that will build the nuclear facilities ...
Dec 07, 2023
Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) - Tata Motors is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors,...
Dec 07, 2023
GM hydrogen unit to supply fuel cells for Autocar’s heavy vehicles
By Nick Carey (Reuters) - General Motors' and Autocar Industries have agreed to jointly develop hydrogen-powered heavy vehicles powered by the No.1 U.S. automaker's fuel cell unit Hydrotec, the two co...
Dec 07, 2023
Renault to slash production costs for cars, expand in Turkey
PARIS (Reuters) -Renault said on Thursday it aims to cut the production costs of its cars by as much as 50% in the next four years including by increasing the use of digital and artificial intelligenc...
Dec 07, 2023
JetBlue narrows loss forecast on healthy travel demand, shares rise
(Reuters) - JetBlue Airways on Thursday narrowed its annual adjusted loss forecast, riding on strong demand for travel during the holiday period and sending its shares 7% higher in premarket trading. ...
Dec 07, 2023
Peoria, IL, USA
37 °F Sunny
